Workflow
UltraFresh cold chain platform
icon
Search documents
Buda Juice Announces Full Exercise of Underwriters’ Over-Allotment Option in Connection with Initial Public Offering
Globenewswire· 2026-01-22 12:00
Core Viewpoint - Buda Juice successfully completed its initial public offering (IPO), raising approximately $23.0 million through the sale of 3,066,666 shares at a price of $7.50 per share, including a full exercise of the underwriters' over-allotment option [1][2] Company Overview - Buda Juice is pioneering the UltraFresh juice category with a cold chain platform that delivers fresh juices, lemonades, and wellness shots to grocery retailers, providing a clean-label alternative to shelf-stable beverages [10][11] - The company aims to redefine fresh juice production and merchandising, leveraging a profitable operating model and strong retail validation [4] Market Opportunity - The U.S. juice and beverage market exceeds $55 billion annually, with a growing consumer demand for clean label and minimally processed products, presenting a significant opportunity for Buda Juice [3] Product Differentiation - Buda Juice's UltraFresh products are delivered through a continuous 35°F cold chain, preserving taste and nutrient quality while offering an 8-to-12-day shelf life, which aligns with existing retail distribution models [5][10] - The strategic placement of Buda products in the fresh produce section enhances their appeal to health-focused consumers and supports strong product velocity without adding operational complexity [6] Growth Strategy - Following the IPO, Buda Juice plans to accelerate its growth by expanding distribution of branded products, entering new geographic markets, and scaling its white label platform [7][11]